Which of the Following Is Correct If Real GDP Is

question 6

Multiple Choice

Which of the following is correct if real GDP is $20.5 trillion and spending is $20 trillion?

• A) Inventories increase by 0.5 trillion.
• B) Inventories decrease by 0.5 trillion.
• C) GDP increases by 0.5 trillion.
• D) GDP decreases by 0.5 trillion.
• E) Spending and GDP are in equilibrium.

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Definitions:

Multicultural Policies

Governmental guidelines and practices that recognize and promote the existence and contributions of multiple cultural traditions within a country or region.

Tolerance

The ability or willingness to tolerate the existence of opinions or behavior that one dislikes or disagrees with.

Postmodern Theories

Perspectives that challenge traditional ideas, narratives, and ideologies, emphasizing the relativity of truth, the fragmentation of societal roles, and the complexity of power dynamics.

Gender-neutral

Design or language that does not specify a particular gender, aiming for inclusivity and equality.